Altcoins News
By Julie Binoche
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In a week marked by intense volatility and a steep drop in crypto prices, XRP has emerged as a surprising beacon of optimism.
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Yet, amidst this widespread downturn, XRP is defying the narrative—not through price movement, but through bullish sentiment from major financial institutions.
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The projection comes from Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered.
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This isn’t just a routine price call—it reflects growing institutional confidence in XRP’s fundamentals.
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Crypto commentator Moon Lambo, a long-time XRP supporter, expressed enthusiasm about the prediction.
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Adding fuel to the conversation is the introduction of the first XRP-related ETF in the United States.
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Still, analysts believe the ETF could lay the groundwork for more direct XRP investment products in the future.
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While the crypto market remains under pressure and investor sentiment is shaky, Standard Chartered’s bullish projection has provided a rare moment of optimism for XRP holders.
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